Oil prices fall on renewed coronavirus concerns as China cases climb

Brent crude oil prices fell by $1 per barrel on Monday, hit by renewed concerns about global fuel demand amid tough coronavirus lockdowns in Europe and new curbs on movement in China, the world's second-largest oil user, where infections jumped. Brent crude oil futures were down 78 cents, or 1.4%, at $55.21 a barrel by 0758 GMT, after falling $1 to a session low of $54.99 earlier.

Brent rose in the previous four sessions. U.S. West Texas Intermediate (WTI) slipped 52 cents, or 1%, to $51.72 a barrel. WTI rose to its highest in.....

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